Here's an image taken through a magnifier. Still not as good as if you can look at it hands-on, varying the direction of view and lighting, but I hope it gives a better idea.
The whole structure, including the glossy outer ring, is bulging outward slightly. So it appears that there is more material in total than there was in the original flat surface. But it certainly does not look like some foreign, added substance; the blob seems autogeneous. Mild solvent (isopropanol) doesn't have any effect, and I can't scrape anything off.
Maybe a drop of more aggressive solvent has hit the surface recently -- but could it have caused swelling? Looking at the glossy outer ring, I had also thought about someting like a hot rivet having touched the surface, but again, why would that make the whole structure bulge outward? Also, the ring is not exactly circular.
Anyway, with the majority opinion swinging stronlgy towards "external impact", I am inclined to just keep using the PSU. I certainly don't mind the wart, as long as I don't have to be concerned about electrocuting my computer or myself, or setting things on fire...
P.S.: Nothing rattles inside either!